Business area Construction

With local roots close to customers business area Con­struction performs contract work for both external and internal customers. Construction projects include everything from new production of housing, public and commercial premises to renovations and extensions as well as construction maintenance.

Operations in business area Construction are run via some 150 local offices around the Nordic area, organized in eleven regions in Sweden, three in Norway and two in Finland. There are three specialized housing production regions in Stockholm, Gothenburg and the Öresund region. Construction maintenance operations are run in a nationwide region primarily focused on the big city areas. Other regions are responsible for all types of construction projects in their geographic area.

Net sales and profit

Net sales for the first quarter 2018 increased by three percent and amounted to SEK 6,563 million (6,386).

Operating profit for the period amounted to SEK 143 million (139) and the operating margin was unchanged at 2.2 percent. The oper­ating margin for the latest 12 month rolling period was unchanged with 2.3 percent compared to the entire year of 2017.

Orders received and order backlog

Orders received increased by four percent during the period and amounted to SEK 8,144 million (7,865). Orders received are well diversified in both products and location. During the first quarter we have obtained a greater proportion of public buildings.

Order backlog 31 March 2018 increased to SEK 28,428 million compared to SEK 25,716 million at the end of March 2017.